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Niftyanalysis

NIFTY Intraday Trade Setup For 01 Mar 2023NIFTY Intraday Trade Setup For 01 Mar 2023 Buy-Above 17345 Sl-17295 T- 17440 17530 Sell-Below 17255 Sl-17305 T- 17147 17070 NIFTY has closed once again on a bearish sentiment with 0.51% cut. Till now it has not tested PDH since last 9 trading sessions. Today it opened opened and buy triggered which hit sl. Later 10 o'clock range broke downside below 17367 and made a low of 17256. It has been updated that our TSL for this current down move is PDH. Also a sentimental halt will be seen when we will close above PDH. Also seeing the stretch in market it seems that we are near somewhere a short term bottom , near 17150 which is also a PRZ area which has been discussed months back. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17345 then we will long for the target of 17440 and 17530. For selling we need a 15 Min candle close below 17255. T- 17147 and 17070. Ext T- 16990. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 28 Feb 2023NIFTY Intraday Trade Setup For 28 Feb 2023 Buy-Above 17415 Sl-17365 T- 17475 17535 Sell-Below 17299 Sl-17350 T- 17225 17150 NIFTY has closed with 0.42% cut today. It opened and sell triggered as per trades setup Trade gave more than 110 points gain (17420-17299, 1:2) and hit our target. A dot reversal was seen from the PRZ plotted as 2nd target. It has formed a hammer in TF at previous swing low in daily TF. Above its high we will inch higher (towards 17650 and 17800 )which will be the pullback of whole parabolic down move. Selling will resume below 17299 only and that will be towards 16600-700. Also we will give reversal of the whole down move which started from Dec 2022 if we make a hammer in weekly TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17415 then we will long for the target of 17475 and 17535. Extended T- 17635. For selling we need a 15 Min candle close below 17299. T- 17225 and 17150. Extended T- 16990. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
NIFTY Intraday Trade Setup For 24 Feb 2023NIFTY Intraday Trade Setup For 24 Feb 2023 Buy-Above 17621 Sl-17570 T- 17735 17850 Sell-Below 17450 Sl-17500 T- 17350 17250 NIFTY has closed on a slight bearish sentiment with 0.25% cut. Its been 6 consecutive days where NIFTY has been closing below PDL. Slight sentiment change will be there only when it sustains above PDH and closes EOD. Till then bearish sentiment will be on. Today it opened flat and a sell triggered below 17525 and gave more than 50 points gain which was 1:1. Then it just consolidated in 100 points range. Daily candle looks neutral. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 17621 then we will long for the target of 17735 and 17850. For selling we need a 15 Min candle close below 17450.T- 17350 and 17250. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
Morning Mantra - 23rd February, 2023Dear All, So finally, yesterday we had seen a break down of 17800 level, a significant gap down opening and that the index was continuously under pressure throughout the day. Well, as we told you that an either side breakout or breakdown was very necessary for the trend identification, so below 17800, can once again take the market towards the level of 17320 in these two days. Patience will be a key factor here, as we had already warned you regarding this sideways momentum and that's why Stock Specific & Cherry Picking strategies were being suggested continuously. Furthermore, be Cautious for Today & Tomorrow and also be Stock Specific. Levels- 18170-17800-17320 Regards, Alok Daiya (SEBI Registered Research Analyst)
NSE:NIFTY
by alokdaiya
NIFTY FUTURE has formed symmetrical triangle patternNIFTY FUTURE has formed Ascending Triangle Pattern on 1 hour chart, where we're expecting more upside in the upcoming sessions, if Nifty Future will break 17988.95 or 18000 Levels after touching point number 8. If Point 8. wouldn't work as support level for Nifty Future and it will get break by good selling pressure, Nifty Fut can retest the 17750 levels and then we can expect more 200-300 points downfall soon. Important levels to watch : Strong Support - 17780 Strong Resistance - 18000 Disclaimer : The mentioned levels are only for educational purpose, please do your own analysis before taking any action in the live market or consult your financial advisor for the same.
NSE:NIFTY1!Long
by MarkitVUE
NIFTY Intraday Trade Setup For 22 Feb 2023NIFTY Intraday Trade Setup For 22 Feb 2023 Buy-Above 17856 Sl-17805 T-17930 18000 Sell-Below 17800 Sl-17850 T-17719 17645 NIFTY has closed on with a neutral sentiment with less than 20 points cut today. Today it opened opened slight gap up and took support from PDC and bounced completely. Buy triggered above 17865 and made a high of 17924, close to 1st target. That was nothing but the golden FIB level from yesterday's range. later it consolidated at 17800 by taking support multiple times. As it has closed near day low so below today's low it may continue bearish sentiment. In case of gap down opening 1st 15 Min candle sentiment will be important to watch. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 17856 then we will long for the target of 17930 and 18000. For selling we need a 15 Min candle close below 17800. T- 17719 and 17645.. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
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NIFTY Intraday Trade Setup For 21 Feb 2023NIFTY Intraday Trade Setup For 21 Feb 2023 Buy-Above 17865 Sl-17815 T-17940 18000' Sell-Below 17815 Sl-17865 T- 17760 17700 NIFTY has closed negative note with 0.56% cut today. It has closed near day low like last day. So below today's low bearish sentiment will continue again. Today it opened and buy triggered above 17955 and hit 1st target 18000. After hitting the 1st target it started to fall and 10 o'clock range broke downside below and sell also triggered and hit 1st target very smoothly. In case of a flat opening one should wait for the 1st 15 Min and then plan the things on levels. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 17865 then we will long for the target of 17940 and 18000. In buying always strict in trailing. For selling we need a 15 min candle close below 17815. T- 17760 and 17700. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:NIFTY
by Omahto
Next Confirm Target of Nifty50 Nifty One Hour Chart Analysis For Intraday Future & Option Trading Nifty Demand and Supply Zones for Day Trading Support Zones For nifty Intraday Trading First Support Zone For nifty50 – 17815 - 17830 Second Support Zone For nifty50 – 17718 - 17730 Third Support Zone For nifty50 – 17620 - 17640 Resistance Zones For nifty Intraday Trading First Resistance Zone For Nifty – 17945 - 17955 Second Resistance Zone For Nifty – 18030 - 18020 Third Resistance Zone For Nifty – 18181 - 18170 Nifty Option Chain Analysis PCR ratio as per Option Chain Analysis – 0.62 ( Bearish ) Max Pain As per Option Chain Analysis – 17900 Major Resistance as Per Nifty Open Interest Analysis – 18050 Major Support as Per Nifty Open Interest Analysis – 17450 For Banknifty Chart Analysis Visit Below Link
NSE:NIFTY
by manojshinde27